Fleet funding - Page 9

Salary sacrifice is alluringly simple as a concept, but the fine details of how schemes are designed and implemented make a fundamental difference to their uptake.

Electric cars are still more cost-effective than internal combustion engine (ICE) equivalents, despite rises in electricity charges, says Fleet Evolution.

Salary sacrifice volumes for its members are up 33% year-on-year to 35,751 cars, according to its quarterly BVRLA Leasing Outlook report.

Alphabet has entered the Finnish market, adding Secto Automotive to its global partnership network.

The Electric Car Scheme has launched a new salary sacrifice product that offers vehicles on 12-month contracts.

Salary Sacrifice schemes are failing to fulfil their desired potential, according to the Association of Fleet Professionals (AFP).

Ogilvie Fleet has extended its SMR contract with Fleet Assist, as it enters the seventh year of working with the firm.

Tusker has launched more than 300 car salary sacrifice schemes so far this year, with many of the companies motivated by a desire to cut their carbon footprint.

Salary sacrifice supplier The Electric Car Scheme has seen 500% growth in its customer base so far this year.

Pendragon PLC, the parent company of Pendragon Vehicle Management, is considering a £400m takeover bid from its largest shareholder.

Lex Autolease and Black Horse has provided £1bn worth of new funding for electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) this year.

The wider benefits of salary sacrifice and affinity car schemes will be explored as part of Fleet & Mobility Live on October 11 and 12.

Complete Vehicle Management (CVM) is entering the salary sacrifice space with the launch of iLease Electric.

Fleet Evolution is offering a free charge point to any company that signs up before World EV Day and orders an EV through its salary sacrifice scheme.

Three months after launching a salary sacrifice car scheme for its employees, Anglian Water says it is pleased with uptake of the benefit provided by Tusker.

Liverpool Victoria (LV) has launched a one-stop shop leasing platform for electric vehicles (EVs).

Sogo Mobility is calling for fleet managers to consider increasing their use of flexible leasing as the economy faces significant challenges.

Volkswagen Commercial Vehicles (VWCV) has launched a new online finance calculator that enables private or business customers to view and compare available finance plans.

Paragon Motor Finance has launched a battery electric van (BEV) finance offering, to suit commercial vehicles.

Daimler Trucks has launched a new financial solutions business in the UK to support customers of Mercedes-Benz and FUSO trucks, and Mercedes-Benz buses.

The demand for Battery Electric Vehicles (BEVs) increased by 72% in the second quarter of this year, reports Leasing.com.

Speedy is investing in more than 100 early careers trainees across the UK and MiX Telematics partners with Humn, the commercial motor insurance company.

A long-standing incident management contract with FMG has been extended for Tusker’s salary sacrifice customers and drivers.

Days Fleet has extended its contract with Fleet Assist, for the provision of SMR services, until 2026.

BVRLA takes #SeeTheBenefit campaign to Parliament to brief MPs on salary sacrifice and the key role low benefit-in-kind (BIK) tax rates play.

Obtaining an electric car through salary sacrifice can save up to 50% of the running costs compared to a personal contract hire (PCH) agreement, according to Fleet Alliance.

Alphabet has launched a new salary sacrifice product for its corporate customers.

Fleet Evolution is calling on the Government to allow employees to opt-in to salary sacrifice agreements that take their take-home pay below the National Living Wage threshold.

Octopus Electric Vehicles has hit a milestone of more than 1,500 companies joining its salary sacrifice scheme in just over a year since its launch.

Fleet Evolution says ‘there has never been a better time’ to consider switching staff into an electric car provided under a salary sacrifice scheme.

Octopus Electric Vehicles secures HSBC UK funding for its salary sacrifice scheme and Quartix announces the launch of an electric vehicle (EV) planning service.

A housing association in the North East of England has awarded a sole-supply contract to Alphabet and switched its fleet from a flexi-lease arrangement to contract hire.

Mike Coulton, fleet product and policy manager at Volkswagen Financial Services Fleet, explores how salary sacrifice can help the UK achieve its UK EV target.

Pure Leasing has chosen Jaama’s Key2 asset management system to power its new contract hire and leasing business.

Tusker and Zap-Map have launched a new partnership to provide salary sacrifice drivers with more support when switching to an electric vehicle (EV).

Automotive services business Holman and FATEC Group have entered a new partnership to support fleet operators globally.

The development of multi-cycle leasing requires flexible software capable of managing subsequent leases of the same asset, says Sofico.

Battery electric vehicles (BEVs) made up the top ten 'most popular' vehicles ordered in Q1 at Tusker.

Middlesex County Cricket Club has entered a new partnership with Sogo Mobility to provide its players with cars via flexible leasing.

Five individuals have been recognised for their contributions to the industry at the latest British Vehicle Rental and Leasing Association (BVRLA) annual dinner.